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Bwin.party digital said to a likely target for US giant

Thursday August 18,2011 : The mounting media coverage on the possible legalisation of internet gambling or poker in the United States has triggered a series of as yet unconfirmed rumours regarding US companies taking over already successful European online groups.
 
The motivation for the rumours is understandable; if the lucrative American online gambling or poker market is unlocked by lawmakers, major US gambling groups may seek a fast and easier entry by acquiring well established companies with the expertise and experience to make quick progress....and which have the additional attraction of a current international player base.
 
The most persistent of the rumours appeared in the UK newspaper, the Independent, this week, which reported that speculation on a possible takeover of the Bwin.party digital group by US giant Wynn Resorts was rife.
 
The report reasoned that the 45 percent fall in the company's share price that has taken place since the merger of Bwin and Party Gaming in March this year made it an attractive target...should online gambling be legalised in the USA.
 
It is known that the aggressive owner of Wynn Resorts, Steve Wynn, is interested in the US online poker market - earlier this year he was involved in a partnership agreement with Pokerstars.com, an arrangement conditional on internet poker becoming federally legalised.
 
That very promising venture was dropped in the wake of the Black Friday enforcement debacle, in which Pokerstars execs were named.
 
The rumours of a Wynn interest in Bwin.party digital lifted the share price slightly midweek.
 
There has also been speculation that a takeover or merger bid for Bwin.party digital may originate nearer to home - from the British group William Hill plc, which is reputed to be actively expanding, especially in its successful online operations under the William Hill Online banner.
 
None of the companies mentioned in the reports has so far commented, and the rumours remain unconfirmed and subject to speculation.



Gambling News :

Live Dealer Now At Slotocash - Live Dealer can be found in the left navigation menu under 'Live Dealer' when you, the player is logged in to instant play.

Advantages of online slots over slot machines - The rise of online casinos means that players no longer have to leave their own house to play casino games.

Betradar Launches US Sports Betting Solutions - With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

Final 12 For MPNPT Morocco - Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).

MPNPT Morocco Updates - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.

2018 MPN Poker Classic - The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.

PDC and Sportradar Renew Deal - Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data

Poker Yaar Joins MPN - Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.

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